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re: Americans think they need to earn $233,000 to live comfortably, and $483,000 to be rich

Posted on 7/10/23 at 7:16 pm to
Posted by nola tiger lsu
Member since Nov 2007
7382 posts
Posted on 7/10/23 at 7:16 pm to
I hear what you're saying, but I think the poll was in line with my thoughts on the amount of money it would take. Im merely saying what makes me feel comfortable in life and it was doing all of those things without worry about money. Apparently people somewhere agree somewhat.

Ask me in twenty years as Im winding down work and what is comfortable to me may very well change.

Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
75424 posts
Posted on 7/10/23 at 7:17 pm to
quote:

The house I just purchased was 740k, and my mortgage is a few bucks over 4k.

Maybe you have a shite interest rate?

And to be fair, my loan is a VA loan.


My original piti payment was $1260. It's now over $1800 because of property tax increases.

I don't know why this is so fricking hard for people to understand.

I feel like I'm playing cards with my sister's kids.
Posted by Centinel
Idaho
Member since Sep 2016
46208 posts
Posted on 7/10/23 at 7:22 pm to
You're paying $600 more a month in property tax increases?

For a 195k house?

Something doesn't add up.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41114 posts
Posted on 7/10/23 at 7:25 pm to
Because no one on earth believes you pay like 10k per year in property taxes in suburban Georgia. If you do, someone fricked up.

Either the assessor or your servicer or the county tax man fricked something up for you to be paying 800-900 a month in property taxes. My house is assessed at nearly double yours in texas and my property taxes aren’t that high.
This post was edited on 7/10/23 at 7:29 pm
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
75424 posts
Posted on 7/10/23 at 7:31 pm to
OK let me explain this like I explain blackjack to my 5 year old niece.


Original assessment- $3k a year. Escrow set up for $3k a year.

Taxes go up.

Escrow is short.

Escrow goes up to cover the differential, the arrears, and goes up more to make sure there's not arrears next year.

Then the taxes go up again.

Escrow goes up to cover the differential, the arrears, and goes up more to make sure there's not arrears next year.

Then the taxes go up again.

Escrow goes up to cover the differential, the arrears, and goes up more to make sure there's not arrears again next year.

Doesn't take long for a $1200 piti payment to become an $1800 piti payment.

Yall understand yet, or do I need to literally teach yall how to count to 21?
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74885 posts
Posted on 7/10/23 at 7:32 pm to
why not apply for a Homestead exemption?
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
75424 posts
Posted on 7/10/23 at 7:35 pm to
quote:

why not apply for a Homestead exemption?


That's with the homestead exemption. And here's the kicker, I don't even send my kid to the public schools because they are garbage, so I'm paying private school tuition on top the property taxes that fund the garbage schools.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9767 posts
Posted on 7/10/23 at 7:37 pm to
Bro get your house out of that LLC you put it in and get a homestead exemption.

Posted by Dawgfanman
Member since Jun 2015
26316 posts
Posted on 7/10/23 at 7:37 pm to
quote:

Doesn't take long for a $1200 piti payment to become an $1800 piti payment.


In your case how long did it take? With a 195k purchase price on your home, I’d imagine you’ve been there a while.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9767 posts
Posted on 7/10/23 at 7:40 pm to
You are claiming your house is worth at minimum $750K now?

Congrats. cash out and sell if you cannot afford it.

LINK
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
72131 posts
Posted on 7/10/23 at 7:42 pm to
quote:

$233K in most parts of California is barely middle class.


Never change OT.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41114 posts
Posted on 7/10/23 at 7:54 pm to
What is your assessed value that you have on the most recent annual notice of assessment?
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
75424 posts
Posted on 7/10/23 at 7:57 pm to
Great link.

quote:

Pay Water BillOnline ServicesA-Z IndexFAQSite MapGwinnett County Logo
Home
About Gwinnett
Services
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Contact Us
System Error
The system is unavailable to process your request. Please try back later or send email to webmaster@gwinnettcounty.com if you need assistance.

We apologize for the inconvenience.
Posted by gmac8604
Green Bay, WI
Member since Jun 2012
1418 posts
Posted on 7/10/23 at 8:00 pm to
I make 70k and I have air conditioned seats in my ride.

Woe to us.
Posted by blue_morrison
Member since Jan 2013
5941 posts
Posted on 7/10/23 at 8:02 pm to
.
This post was edited on 9/22/24 at 8:25 pm
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
75424 posts
Posted on 7/10/23 at 8:08 pm to
Straight of Gwinnett's site-


Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
75424 posts
Posted on 7/10/23 at 8:16 pm to
Where did all the Gwinnett County property tax experts go?
Posted by Dragula
Laguna Seca
Member since Jun 2020
6819 posts
Posted on 7/10/23 at 8:19 pm to
While that sucks, it could be worse and paying $14K/yr in property tax in Texas.
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
75424 posts
Posted on 7/10/23 at 8:22 pm to
quote:

While that sucks, it could be worse and paying $14K/yr in property tax in Texas.


But you have no state income tax, so I'd have to do the math on whether or not it would be better off.
Posted by fjlee90
Baton Rouge
Member since Nov 2016
8521 posts
Posted on 7/10/23 at 9:11 pm to
What sort of tax increases did y’all vote for?

No way your home value increased that much.
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